Economy Archives - Page 50 of 51 -

‘Your Skill Set is 2 Years in Duration–Max’: AT&T CEO Stephenson

February 13, 2017

From University of Missouri St. Louis AT&T (NYSE: T) CEO Randall Stephenson addressed a standing-room-only crowd during the CEO Speaker Series event moderated by UMSL College of Business Administration. AT&T today barely resembles the company that Randall Stephenson took over when he assumed the position of CEO in 2007. It remains hugely successful with more than $163 billion in revenue in 2016 and 33

Texas Oil & Gas Jobs Rise Again

January 30, 2017

From San Antonio Express-News/Houston Chronicle Jobs in Texas’ oil and gas industry rose at the end of 2016 for the first time in more than two years, another sign that the long-awaited recovery in the state’s energy sector is gaining traction. Texas added an estimated 3,000 oil and gas jobs in November and December, after shedding more than 100,000 during

EnerCom Conference The Oil & Gas Conference

New White House Immediately Launches Energy Plan Embracing Shale

January 20, 2017

The White House says it is focused on lifting climate-driven restrictions, developing $50 trillion in oil and gas, opening up federal lands and developing clean coal President Trump wasted no time moving forward his energy intentions. After being sworn in Friday morning, the Trump White House got started by posting memos that updated two top priorities – energy and jobs. The White

Moving Gas: FERC Approves Construction of TransCanada’s Leach XPress and Rayne XPress Pipelines

January 19, 2017

Marcellus, Utica natural gas producers take a step closer to U.S. Gulf Coast markets “The Marcellus and Utica basins – the fastest-growing natural gas supply region in North America – have the lowest development and production costs along with the highest growth prospects of any large basin on the continent.” That’s how TransCanada (ticker: TRP) characterized the upside for Appalachian

Canadian Heavy Oil Prices are Falling Faster than Global Crude Benchmarks - Oil & Gas 360

Tight Oil Led by the Permian Tops a 2017 Oil Industry Revival: WoodMac

January 17, 2017

Optimism returns: WoodMac calls for $450 billion in upstream O&G project FIDs in 2017 According to Wood Mackenzie’s global upstream outlook for 2017, confidence will start to return to the oil and gas sector in 2017, with exploration and production spend set to rise by 3% to US$450 billion. The investment level is still 40% below the heady days of 2014,

Anadarko, Chevron, Plains All American Top List of Best U.S. Oil & Gas Employers: Indeed

January 13, 2017

Indeed releases its ‘Best Places to Work’ rankings International employment website Indeed serves more than 200 million people each month who are searching for jobs, posting resumes, and researching companies in 60 countries. According to Indeed’s research, visitors who were oil and gas sector employees, former employees and job seekers who visited Indeed.com who posted reviews of the oil and gas

Texas Economy Finally Heading Up-ish: Comerica Bank

January 9, 2017

Permian rig count growth a boon to Texas’s overall economy Dallas-based Comerica Bank (ticker: CMA), released its Texas Economic Activity Index last week, saying its measure of the Texas economy advanced for a second consecutive month, gaining 0.4 percentage points in October to a level of 91.0. September’s index reading was 90.6. October’s index reading is 25%, above the index cyclical

Signs of Life for Oil Jobs? Indeed says ‘Yes’

December 16, 2016

Indeed finds volume of oil related job postings up triple digits in Wyoming, Alaska and Oklahoma Oil jobs are back. A report released yesterday by international job search engine Indeed is pointing to what looks like a real uptick for available jobs in portions of the oil patch. Since 2014, the U.S. labor market strengthened considerably while oil and gas extraction employment remained

After 2 Years of Layoffs, Companies Struggle to Find Qualified Staff

December 5, 2016

Layoffs are a recurring nightmare for both employees and employers Layoffs: oil and gas companies have cut some 350,000 jobs in the downturn, but what happens when oil prices tick up and demand for talent outstrips supply? It’s a recurring nightmare. The crash in oil prices has led to a rash of layoffs that started in early 2015. More than 350,000 jobs worldwide

Calgary’s Jobless Rate Hits 10.2%

November 4, 2016

From AM630 CHED Calgary’s unemployment rate has now hit double digits. Statistics Canada says the city’s jobless rate rose from 9.5 to 10.2 per cent in October, easily the highest rate of any of the major cities in Canada. ATB Financial’s Todd Hirsch tells News Talk 770 it’s not that we’re seeing many more layoffs in the oil and gas

U.S. Jobs – Where is the Recovery?

October 7, 2016

Where are the new jobs that accompany a robust economy? According to the U.S. government’s Bureau of Labor Statistics’ job numbers released today, in September 7.9 million people were unemployed, which is 5% of 158 million people with jobs in the U.S. workforce. Digging a little bit into the government’s employment/unemployment numbers adds color to the report. U-3: the official unemployment

2 Years without a Job: Calgary in the Downturn

September 20, 2016

From CBC News Severance is gone, EI has run out, and still no job on the horizon Andy Williams lost his job in September. Not this September, or the year before; Williams was laid off from his job as a geoscientist at StatOil in September 2014. With 25 years in the industry, he was one of many scientists and other professionals who created

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